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$6,130 (target)

6017 53rd Street NW, Gig Harbor, WA 98335

3 beds • 3 baths • 2660 sqft

$1,425,100

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This property looks like a bad Mid-Term investment with a projected -16.63% first-year return on $317k initial cash invested.

-16.63%

Cash On Cash

2.53%

Cap Rate

0.42

DSCR

$6,130

Rent

-$4,396

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,130 income − $10,526 expenses = $4,396 out of pocket

Income$6,130Out of Pocket$4,396Mortgage P&I$7,150117%Property Taxes$74512%Insurance$5229%HOA$25Management$73612%CapEx$2454%Vacancy$1843%Maintenance$2454%Other$67411%

Investment Breakdown

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Purchase Price

$1425k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$317k

Downpayment

20%

$285k

Closing costs

1%

$14,251

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,130

Total Expenses

$10,526

Mortgage P&I

117%

$7,150

Property Taxes

12%

$745

Home Insurance

9%

$522

HOA

0%

$25

Property Management

12%

$736

CapEx

4%

$245

Vacancy

3%

$184

Maintenance

4%

$245

Other

11%

$674

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